Walton Family Foundation Gifts $23.7 Million To University Of Arkansas

November 12, 2018CrainMedia

The University of Arkansas has received a $23.7 million donation from the Walton Family Charitable Support Foundation. The gift was announced at the Campaign Arkansas volunteer steering committee meeting on Friday and pushes the campaign’s fundraising total to more than $1 billion. The campaign runs through June 2020 and the goal is $1.25 billion.

“We are grateful to the Walton Family Charitable Support Foundation for this investment in our faculty’s research and innovation,” Chancellor Joseph Steinmetz said in a release. “We have outstanding faculty doing work that impacts the world.”

The money, according to the UA, will support research and economic development through scholarship and innovation. MORE